Microsoft (MSFT) is giving its email application a much-needed makeover. On Tuesday Microsoft’sOutlook Blog took the wraps off of Outlook.com, a new online email portal that cleans up the traditional inbox user interface and adds several social networking features to the mix. On the inbox side, Outlook.com automatically detects emails that are newsletters and puts them into their own separate folder while also giving users the option to easily stop receiving newsletters with a one-click “unsubscribe” button. The new inbox also allows for message “sweep” operations where Outlook will only keep the very latest message from a given sender and will delete all previously sent messages.